Detroit Economic Growth Association

DETROIT, MI EIN: 38-2433720 Website

PROMOTION OF ACTIVITIES TO SPUR ECONOMIC GROWTH AND REVITALIZATION IN THE CITY OF DETROIT

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$7.0M

+4.7% YoY

Annual Giving

$376K

+5678.3% YoY

Grant Count

11

+1000.0% YoY

Avg Grant Size

$34K

+425.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$17M$26M$34M20202021202220232024
Metric202420232022
Total Assets$7,040,782$6,721,664$6,651,865
Revenue$6,597,694$4,308,778$5,567,044
Expenses$8,094,902$4,371,037$4,723,776
Qualifying Distributions
Net Investment Income$29,730$35,574$4,229
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$6M$11M$17M$22M240 grants2020774 grants202118 grants20221 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MILESTONE GROWTH CAPITAL…$85KMETRO DETROIT BLACK BUSI…$84KBUILD INSTITUTE$80KHIGHLAND PARK COMMUNITY …$69KD2 SOLAR LLC$12KTHE GREEN DOOR INITIATIVE$10KPEACE TREE PARKS$9KRESCUE MI NATURE NOW INC$9KHUMAN FLIERS LLC$8KECOWORKS$6K

Grant Size Distribution

1,044 grants across all recorded years

1027<$50K11$50–100K2$100–250K1$250–500K2$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Detroit Economic Growth Association fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KEVIN JOHNSONPRESIDENT AND C.E.O.1
CONRAD L MALLETT JRCHAIR1
JOHN BLANCHARDVICE-CHAIR1
ANDRA RUSHVICE-CHAIR1
MICHAEL TYSONTREASURER1
JACCI WOODSSECRETARY1
MIKYIA AARONDIRECTOR1
APRIL ANDERSONDIRECTOR1
MARVIN BEATTYDIRECTOR1
KOFI BONNERDIRECTOR1
EVA GARZA DEWAELSCHEDIRECTOR1
MOHAMAD HAMMOUDDIRECTOR1
KENNETH L HARRISDIRECTOR1
DIMITRIUS HUTCHERSONDIRECTOR1
GEORGE W JACKSON JRDIRECTOR1
MARSHAL S KLEVENDIRECTOR1
ERIC LARSONDIRECTOR1
MIKE MCLAUCHLANDIRECTOR1
DAVID E MEADORDIRECTOR1
DARRELL MIDDLETONDIRECTOR1
ADELAIDE PASCARISDIRECTOR1
NED STAEBLERDIRECTOR1
RONALD STALLWORTHDIRECTOR1
TONY STOVALLDIRECTOR1
TERENCE A THOMAS SRDIRECTOR1
TONY TOMCZAKDIRECTOR1
GARY TORGOWDIRECTOR1
JAMES VELLADIRECTOR1
HASSAN BEYDOUNDIRECTOR (EX-OFFICIO)1
MIKE DUGGANDIRECTOR (EX-OFFICIO)1
MARY SHEFFIELDDIRECTOR (EX-OFFICIO)1
GLEN W LONG JREXEC. V-P OF ADMIN. AND C.F.O.7

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Allen ParkBattle CreekBellevilleBirminghamBrownstownCantonDearbornDearborn HeightsDetroitDexterFerndaleFlat RockGarden CityGrosse IleGrosse PointeGrosse Pointe FarmsGrosse Pointe ParkGrosse Pointe WoodsHamtramckHarper Woods

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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